Commodity Market Report
Global product markets weekly: Cold European weather does not warm refiners
Report summary
For the week commencing 26 February, refinery margins weakened in the west because of stronger crude prices, which were not fully passed through to products. Margins in the east, however, were able to benefit from a wider Brent-Dubai differential as the Dubai crude price fell. Most key crude oil benchmarks strengthened last week, with Dated Brent maintaining an average greater than US$65/bbl. However, US domestic and Dubai crude prices came under pressure from regional refinery maintenance programmes, which weighed on crude demand and directly led to a US crude stock build.
Table of contents
- Executive Summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
LNG short-term analytics: Weekly summary
Weekly updated fundamentals covering Global Gas and LNG markets
$4,000
Insight
Long-term Brent price maintained at US$65/bbl – oil and gas price assumptions versus forecasts
Defining our price assumptions and methodology, their use in our tools and services, and why these are independent of our price forecasts.
$1,350
Commodity Market Report
Global product markets short-term outlook April 2024
Monthly global commodity market reports and global product-by-product supply- demand balance with stock forecasts and a net trade forecasts
$1,900
